Go long

Go Long

To take a long position. That is, one goes long when one buys a security or derivative.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

Go long.

When you go long, you buy a security or other financial product that you intend to hold for a period of time or one that you expect to increase in value so that you can sell it at a profit.

For example, if you're buying and selling options or futures contracts, you go long when you enter a contract to buy the underlying instrument. In the case of stock, you go long when you buy shares to hold in your portfolio, at least for the next term.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.
References in classic literature ?
go long, will ye?" said the mother, giving now and then a kick, in a kind of general way, under the table, when the movement became too obstreperous.
Go long to de spring and wash yerselves!" she said, seconding her exhortations by a slap, which resounded very formidably, but which seemed only to knock out so much more laugh from the young ones, as they tumbled precipitately over each other out of doors, where they fairly screamed with merriment.
"You go long! I'll boun' you pulled 'em out; some o' your shines," said Aunt Chloe.
"Oh, go long!" exclaimed the five men in one voice, raising themselves on their hands and elbows, and glaring at the speaker.
As a result they have to go long hours without electricity.
They expressed the hope that such workshops will go long way in creating awareness besides in submission of workable recommendations to concerned departments to help patients suffering from these ailments.
Habib Ahmed said the new departments was need of the hour that would go long way by providing quality education to students wanted to join architecture, journalism and physical education as profession.
1 KIMONO ON OVER Go long on glamour in this bird print piece, PS79.99 and matching trousers PS39.99, both Zara, zara.
If you "go long," be sure to sign long enough agreements to bridge the up-and- down cycle.
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